VOL. XXXVII

NO. 19

7-FEBRUARY-1994

Financial and Banking News

Investment Flows

Kuwait To Pay DM280Mn As Part Of Metallgesellschaft Rescue

The Kuwait Investment Authority (KIA) is to contribute DM280mn ($160mn) tothe DM1,400mn ($800mn) capital increase being arranged for Metallgesellschaft,following its losses on the energy derivative markets. Kuwait's stake in thecompany will probably be diluted to around 15% from 20%. The total rescuepackage being put together for the company includes a conversion...